Los Angeles, CA 90019,1214 S Sycamore Ave
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Los Angeles, CA 90019,1214 S Sycamore Ave
Los Angeles, CA 90019,1214 S Sycamore Ave
Los Angeles, CA 90019,1214 S Sycamore Ave
Los Angeles, CA 90019,1214 S Sycamore Ave

$2,526,000

Est. payment /mo

$2,450,000

3.1%
Est.Price: ?

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1214 S Sycamore Ave Los Angeles, CA 90019

7 Beds

5 Baths

4,280 SqFt

SOLD DATE : 08/27/2024

Key Details

Sold Price $2,526,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,280 sqft

Price per Sqft $590

MLS Listing ID 24-417943

Sold Date 08/27/24

Style Spanish

Bedrooms 7

Year Built 1928

Lot Size 6,877 Sqft

Acres 0.1579

Property Sub-Type Multi-Family

Property Description

Presenting 1214 S. Sycamore Ave, an absolutely stunning fully renovated Spanish duplex with a brand new constructed ADU. All 3 units completely vacant! A rare find in the sought-after Mid-Wilshire area known for its prime location and excellent schools. This triplex performs incredibly well for an investor or a savvy buyer who wishes to live in one unit or even as a whole family compound, with a cap rate of 5% and projected rents of $6,000 for the downstairs unit $6,500 for the upstairs unit and $2,500 for the ADU. The allure of the duplex units is underscored by their generous layout, 3-bedroom, 2-bath, each offering almost 1,900 SF of living space that mirrors the comfort and privacy of a single-family home. Both units underwent extensive renovation and restoration work in 2018, featuring meticulously refinished original oak wood flooring, new HVAC systems, foundation retrofitting, and full re-piping, all carried out with necessary permits. The kitchens have been beautifully remodeled to reflect a timeless and sophisticated look, featuring quartz countertops and Samsung appliances, while the bathrooms have been completely updated as well, each equipped with Toto toilets. The remodel also introduced two new Navien water heaters with recirculating pumps, a full electrical rewire with new subpanels, and exquisite handcrafted wooden windows, each element approved by the HPOZ committee. The living room and primary bedroom of the upper unit opens onto their own private terraces, providing secluded retreats. The 1-bedroom 1-bath ADU, drenched in sunlight from its wall of windows and skylights, features everything new from its quartz countertops and new flooring to the GE appliances, complemented by a new patio deck that extends the living space outdoors. The property's curb appeal is enhanced by fully new landscaping, featuring pet-friendly artificial turf (20 year warranty) and a newly paved driveway, completing the residence's transformation.1214 S. Sycamore offers a blend of luxury, tranquility, and historical charm, perfect for those who appreciate exceptional quality and a smart investment.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR2

Rooms

Other Rooms Accessory Bldgs

Kitchen Gourmet Kitchen, Quartz Counters, Remodeled

Interior

Interior Features Plaster Walls, Living Room Balcony

Heating Central

Cooling Central

Flooring Hardwood

Equipment Dishwasher, Garbage Disposal, Gas Dryer Hookup, Water Conditioner, Refrigerator

Laundry In Unit

Exterior

Parking Features Driveway

Garage Spaces 2.0

Building

Story 2

Sewer In Street

Architectural Style Spanish

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Real Broker
Bought with Compass
agent

Kisha Sardin

Agent | License ID: 02086669

+1(310) 909-3508

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